CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: as long as 4006 is support look for 4181

2024-03-12
247

4006 is our pivot point.

Our preference: as long as 4006 is support look for 4181.

Alternative scenario: the downside breakout of 4006 would call for 3941 and 3903.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 4054 and 3995).

Supports and resistances:

4258 **

4220 *

4181 **

4142

4062 last

4032

4006 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More